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Do I have to own land before I purchase a mobile home?

Posted on: 01st Sep, 2010 07:12 am
I have heard that in order to buy a mobile home you have to own your own land. I was wondering if I purchased a mobile home could I put it on a rented lot?
Hi tess!

Welcome to forums!

You might be able to place the mobile home on a rented lot. However, it would be difficult for you to get a conventional mobile home mortgage. You will have to go for a personal property loan.

Sussane
Posted on: 01st Sep, 2010 10:56 pm
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